Types Of, Role Forex Dealer
As a practical subject, however, NFA won't receive disciplinary action unless the Forex Dealer Member knew or should have famous of the non - Member's conduct or failed to exercise due diligence when founding as well as maintaining the relationship with the non - Member. The Forex Dealer Member should adopt as well as finish written procedures to review the activities of non - Members requesting for this. The processes should include, midst other aspects, a regular review of the enterprise being commanded in the calculations invoked, introduced, or managed by these non - Members.
Management - Participants and their Correlates having superintendent committals ought to diligently supervise the Member's FX business, including the actions of the Member's Associates and agents.